THEALE, BERKSHIRE — JANUARY 13, 2004 — NVIDIA Corporation (Nasdaq: NVDA), the worldwide leader in visual processing solutions, today announced that its multimedia graphics technology is primed to impact the mobile phone and PDA market, as Mitsubishi Electric has incorporated the NVIDIA® GoForce™ 2100 technology into its latest i-mode™ mobile phone, the M341i.

The NVIDIA GoForce 2100 handheld multimedia processor is ultra low-power, and is designed to implement video and camera functionality on the handset LCD display. The GoForce 2100 offers VGA camera compatibility, supporting QVGA resolutions ideally suited to mobile phone displays, and it provides an onboard JPEG encoder, which handles captured images and compresses still pictures in resolutions up to VGA resolution (640 × 480). By delivering incredibly low-power hardware acceleration, the GoForce 2100 can provide mobile phone and PDA consumers with rich multimedia content and extended battery life.

“Mitsubishi’s M341i i-mode™ handset marks a strong entry into this large and exciting market for NVIDIA, and the GoForce 2100 provides it with an ultralow-power solution for what are typically power consuming applications and tasks,” says Phil Carmack, general manager of handheld business at NVIDIA. “Mobile technologies represent a large new business opportunity for NVIDIA, and the GoForce 2100 is just the beginning of a full roadmap of new technologies coming soon for this market.”

“The flexibility of the GoForce 2100 chip meant that we could write games directly to the graphics engine on the M341i handset – this combined with the extremely low-powered design and the quality of the colour display makes it the perfect partnership,” said Stéphane Le Provost, multimedia program leader for Mitsubishi. “The M341i is already selling very well in France and we expect this handset to play a key role in the predicted boom in mobile phone sales over the next six months.”

The Mitsubishi M341i is the first European phone to take advantage of the GoForce 2100 technology, and boasts an impressive 400 hours standby time, thanks to the ultralow-power consumption of the design. In addition to incorporating a digital camera, the M341i has a 310,000-pixel, 1.9-inch 262K colour main screen and a 0.9-inch outer screen.

With over 80 years of experience in providing reliable, high-quality products to both corporate clients and general consumers all over the world, Mitsubishi Electric Corporation (TSE: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. The company has operations in 35 countries. For more information, visit http://global.mitsubishielectric.com

About NVIDIA

NVIDIA Corporation is a market leader in visual computing technology dedicated to creating products that enhance the interactive experience on consumer and professional computing platforms. Its graphics and communications processors have broad market reach and are incorporated into a wide variety of computing platforms, including consumer digital-media PCs, enterprise PCs, professional workstations, digital content creation systems, notebook PCs, military navigation systems and video games consoles. NVIDIA is headquartered in Santa Clara, California and employs more than 1,800 people worldwide. For more information, visit the Company’s website at www.nvidia.co.uk.

Certain statements in this press release, including the statements relating to the Company's performance expectations for NVIDIA's family of products and expectations of continued revenue growth, are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, manufacturing and other delays relating to new products, difficulties in the fabrication process and dependence of the Company on third-party manufacturers, general industry trends including cyclical trends in the PC and semiconductor industries, the impact of competitive products and pricing alternatives, market acceptance of the Company's new products and the Company's dependence on third-party developers and publishers. Investors are advised to read the Company's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled "Certain Business Risks," for a fuller discussion of these and other risks and uncertainties.